OSI Systems Inc. Q2 adjusted earnings Beat Estimates

(RTTNews) - OSI Systems Inc. (OSIS) revealed a profit for its second quarter that climbed from the same period last year.

The company's earnings totaled $20.99 million, or $1.12 per share. This compares with $19.11 million, or $1.03 per share, in last year's second quarter.

Excluding items, OSI Systems Inc. reported adjusted earnings of $23.81 million or $1.27 per share for the period.

Analysts had expected the company to earn $1.23 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.7% to $305.34 million from $303.21 million last year.

OSI Systems Inc. earnings at a glance:

-Earnings (Q2): $23.81 Mln. vs. $22.10 Mln. last year. -EPS (Q2): $1.27 vs. $1.19 last year. -Analysts Estimate: $1.23 -Revenue (Q2): $305.34 Mln vs. $303.21 Mln last year.

-Guidance: Full year EPS guidance: $4.63 to $4.85 Full year revenue guidance: $1.205 - $1.240 Bln